AUD/JPY chart - Trading View
AUD/JPY was trading 0.55% higher on the day at 83.69 at around 05:50 GMT, bias neutral.
The pair is trading in familiar ranges, extends sideways grind along 200H moving average.
Price failed to break above 200 month moving average resistance last month, decisive break above required for upside continuation.
Data released earlier today showed NAB’s February Business Conditions and Business Confidence both edged higher to 15 and 16 from prior figures of 7 and 10 respectively.
Further risk-on boosted after US 10-year Treasury yields fell, snapping the four-day winning streak. Also S&P 500 Futures print 0.67% intraday gains to 3,845.
Major trend in the pair is bullish. Price action is on track to test 200 month MA at 84.66. Watch out for decisive break above for upside continuation.


Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY remains soft ahead of Fed decision
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro- Major Pair levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



